Utilizing advanced machine learning algorithms, AU10TIX BOS which is already considered the fastest technology in the market now requires even less processing resources, allowing even faster customer screening and onboarding.
Nicosia, Cyprus (PRWEB) March 27, 2015
True to its vision of hands-free customer ID authentication and record generation, AU10TIX has announced a new standard-setting auto-classification algorithm. Customer generated ID images have always challenged online ID authentication solutions since they almost invariably differ in quality, angle, coloring, etc. from their “textbook” template”. This is one of the key causes of low performance and a major drain of computing resources in conventional solutions. AU10TIX R&D team has developed a much more resource efficient way to recognize incoming ID images without any customer input and with no dependence on ID template libraries. Comprehensive QA tests have shown processing speed improvement of up to 30%, with additional improvements under way and broader document range testing.
AU10TIX BOS stands out as the leading technology today for multi-layer ID image forgery detection and record generation, enabling fast-track customer screening and onboarding and immediate response to any issues as the customer is in process.
“Effective response speed is of the essence in online customer onboarding and qualification,” says Ron Atzmon, Managing Director at AU10TIX: “With it is as frictionless experience to the customer as possible. AU10TIX BOS can now open the customer authentication and onboarding bottle neck even better than before. This reflects on effective traffic volume handling capacity, conversion rates and overall operating efficiency. That’s the whole point: Security meets operating efficiency.”
“AU10TIX BOS is the choice of global brand leaders for a reason,” says Ofer Friedman, VP Marketing of AU10TIX: “The whole idea behind Online Secure Customer Onboarding is meeting need for fast reaction and visceral fraud detection even at high traffic volumes and worldwide reach. Having analyzes the major computing resource guzzlers our R&D team took the bar a notch higher in analytical efficiency.”
AU10TIX Limited, a fully owned subsidiary of ICTS International N.V, deals with the authentication and digitization of identifying documents including Passports, identity cards, driving licenses and other complementary identifying documents. The company specializes in implementing hardware & software based applications used for scanning, identifying, content retrieval, authentication and validation of identifying documents. AU10TIX is a pioneer of all-channel (front-end and online) ID authentication and processing solutions. The company's products drastically reduce identifying document-based fraud, reducing the costs associated with client processing and enabling effective regulatory compliance, while making the sales and support operations speedier and considerably more efficient.
For more information, visit http://www.au10tix.com
About ICTS International N.V.
ICTS specializes in the development and implementation of innovative security concepts and solutions designed to meet the needs of a variety of industries, mainly aviation transportation, border control and sensitive facilities. ICTS International benefits from over two decades of expertise and international operational experience in transportation security, with a particular emphasis on high-risk environments, passenger processing transactions and the integration of security services to provide a comprehensive security solution. It also offers a wide variety of customized training programs, tailored procedures and a wide range of security consulting services. The company has developed and implemented unique technological solutions, based on its comprehensive approach to security, designed to enhance the level of security while accelerating the security check process.
For more information, visit http://www.icts-int.com
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the Company’s business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by the Company, may cause the Company’s actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the Company’s expectations or future events.
Ofer Friedman, VP Marketing
Tel.: +357 (22) 007698
ICTS International NV
Tel.: +31-20-716 3421